My advice is straightforward: Set a concrete goal for cash in the bank. For established entrepreneurs, I might suggest aiming for $2 million in liquid assets.

$80k cash in the bank, what should I do? byu/Exciting-Wrap-7582 inpersonalfinance Unfortunately, there's no perfect answer, especially without more details about the commenter's personal financial ...

If you don't have cash in the bank when you need it, your business is at risk. Too many small business owners focus on profit without realizing it's not the same as cash flow.